Why is Shiva Mills falling/rising?

As of 17-Nov, Shiva Mills Ltd is experiencing a decline in its stock price, currently at Rs 64.36, reflecting a decrease of Rs 2.46 or 3.68%. The stock has underperformed its sector by 3.73% today, despite opening with a gain of 5.96% and reaching an intraday high of Rs 70.8. However, it also touched a low of Rs 62.52, indicating significant volatility with an intraday range of Rs 8.28. The stock is currently trading below all its moving averages, which suggests a bearish trend. Additionally, while the stock is close to its 52-week low, there has been a rise in investor participation, with delivery volume increasing by 20.59% against the 5-day average.
In the broader market context, Shiva Mills has seen a substantial decline in its returns, with a year-to-date drop of 35.00%, while the Sensex has gained 8.72% during the same period. Over the past week and month, the stock has also underperformed, with returns of -7.28% and -8.06%, respectively, compared to the Sensex's positive returns of +1.69% and +1.19%. This stark contrast highlights the challenges faced by Shiva Mills in the current market environment, further exacerbated by its high volatility and erratic trading patterns.